Nisa Investment Advisors LLC Buys 1,951 Shares of NXP Semiconductors N.V. (NASDAQ:NXPI)

Nisa Investment Advisors LLC raised its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 18.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,653 shares of the semiconductor provider's stock after acquiring an additional 1,951 shares during the quarter. Nisa Investment Advisors LLC's holdings in NXP Semiconductors were worth $2,418,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC raised its holdings in NXP Semiconductors by 20.6% in the fourth quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider's stock worth $265,000 after purchasing an additional 218 shares during the period. Proficio Capital Partners LLC acquired a new stake in NXP Semiconductors in the fourth quarter worth $3,931,000. Wealthfront Advisers LLC acquired a new stake in NXP Semiconductors in the fourth quarter worth $317,000. Moors & Cabot Inc. acquired a new stake in shares of NXP Semiconductors during the fourth quarter worth $282,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of NXP Semiconductors by 5.1% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 19,670 shares of the semiconductor provider's stock worth $4,088,000 after acquiring an additional 959 shares during the period. 90.54% of the stock is owned by institutional investors.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 9,132 shares of NXP Semiconductors stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $230.00, for a total transaction of $2,100,360.00. Following the transaction, the executive vice president owned 27,088 shares of the company's stock, valued at $6,230,240. The trade was a 25.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.12% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on NXPI shares. Citigroup raised their price objective on shares of NXP Semiconductors from $210.00 to $275.00 and gave the stock a "buy" rating in a report on Monday, July 7th. The Goldman Sachs Group started coverage on shares of NXP Semiconductors in a report on Thursday, July 10th. They set a "buy" rating and a $276.00 price objective on the stock. Arete Research upgraded shares of NXP Semiconductors to a "strong-buy" rating in a research note on Tuesday, March 25th. Evercore ISI reiterated an "outperform" rating and issued a $289.00 price target (up from $237.00) on shares of NXP Semiconductors in a research note on Thursday, June 12th. Finally, Needham & Company LLC lowered their price target on shares of NXP Semiconductors from $230.00 to $225.00 and set a "buy" rating on the stock in a research note on Tuesday, April 29th. Four analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $251.63.

NXP Semiconductors Stock Up 1.8%

Shares of NXP Semiconductors stock traded up $3.92 during trading on Thursday, hitting $224.50. The company's stock had a trading volume of 1,980,460 shares, compared to its average volume of 2,768,810. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.47 and a current ratio of 2.09. The company has a fifty day simple moving average of $212.97 and a two-hundred day simple moving average of $205.84. The company has a market capitalization of $56.72 billion, a PE ratio of 24.46, a P/E/G ratio of 2.75 and a beta of 1.40. NXP Semiconductors N.V. has a 52 week low of $148.09 and a 52 week high of $285.55.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The semiconductor provider reported $2.64 EPS for the quarter, beating the consensus estimate of $2.59 by $0.05. The company had revenue of $2.84 billion for the quarter, compared to the consensus estimate of $2.83 billion. NXP Semiconductors had a net margin of 19.16% and a return on equity of 29.62%. NXP Semiconductors's revenue for the quarter was down 9.3% on a year-over-year basis. During the same period in the prior year, the firm posted $3.24 EPS. Equities research analysts predict that NXP Semiconductors N.V. will post 10.28 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 25th were paid a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.81%. The ex-dividend date was Wednesday, June 25th. NXP Semiconductors's dividend payout ratio (DPR) is presently 44.23%.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.